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New Medical Office Building Has the Right Prescription for Westminster

A home health provider, orthopedic surgeons, and a radiology group are slated for a new medical office condo building in Carroll County.
HomeCall Inc. will open a 3,513-square-foot office in the building at 844 Washington Rd. The company is relocating from 15 E. Main St. during the first quarter of next year.

The newly constructed 50,000-square-foot building by Green Development LLC will house Greater Chesapeake Orthopaedic Associates LLC, says Michele Kornbluth, a commercial real estate broker with NAI KLNB LLC. At 16,000 square feet, it's the building's largest tenant and will open after Jan. 1.

A physical therapy group affiliated with Greater Chesapeake Orthopaedic Associates will open a 6,000-square-foot office as well, Kornbluth says. Allergist Dr. Prasad Nataraj will also take a 2,500-square-foot space at the site during the first quarter of next year.

The broker is also talking to a radiology group and a lab. That leaves about 4,000 square feet remaining to fill, Kornbluth says.

While getting financing is tough for many businesses these days, it's a bit easier for doctors, Kornbluth says. That's because they typically have steady cash flow and sign up for long-term leases.

Less than a mile from Carroll County Hospital, the building is located in a growing area. The county has gained about 25,000 new residents in the last decade, according to county information.

The residential growth, combined with great highway access, has driven the demand for more services in the county, Kornbluth says.

Writer: Julekha Dash
Source: Michele Kornbluth, KLNB

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